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SPI Energy Co Ltd

Technology US SPI

0.766USD
0.41(112.84%)

Last update at 2025-01-17T14:30:00Z

Day Range

0.770.77
LowHigh

52 Week Range

0.461.61
LowHigh

Fundamentals

  • Previous Close 0.36
  • Market Cap18.64M
  • Volume0
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-11.45575M
  • Revenue TTM209.53M
  • Revenue Per Share TTM7.23
  • Gross Profit TTM 14.48M
  • Diluted EPS TTM-0.96

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -31.73100M -43.38000M -5.80700M -15.05600M -90.80800M
Minority interest 0.30M -0.65700M 3.13M 2.71M 3.99M
Net income -33.72300M -44.83400M -6.26500M -15.14800M -91.08000M
Selling general administrative 35.55M 41.78M 13.48M 15.16M 22.39M
Selling and marketing expenses 5.03M 7.58M 2.19M 2.40M 7.74M
Gross profit 14.48M 10.62M 16.86M 7.19M 9.80M
Reconciled depreciation 6.73M 9.04M 4.25M 2.69M 1.50M
Ebit -26.67700M -41.47600M 2.90M -14.48100M -31.97700M
Ebitda -20.68900M -31.96100M 7.15M -12.18600M -28.61900M
Depreciation and amortization 5.99M 9.52M 4.25M 2.29M 3.36M
Non operating income net other - - - - 0.00000M
Operating income -26.67700M -41.47600M 2.90M -14.48100M -61.52200M
Other operating expenses 204.19M 203.47M 138.54M 112.36M 156.97M
Interest expense 7.19M 5.14M 3.79M 3.92M 18.42M
Tax provision 1.99M 1.45M 0.46M 0.09M 0.33M
Interest income - - - 0.15M 0.32M
Net interest income -7.19400M -5.13700M -3.79000M -3.76800M -6.34500M
Extraordinary items - - - - -6.11400M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 1.99M 1.45M 0.46M 0.09M 0.15M
Total revenue 177.52M 161.99M 138.63M 97.88M 127.47M
Total operating expenses 41.16M 52.10M 16.76M 21.67M 39.30M
Cost of revenue 163.03M 151.37M 121.77M 90.69M 117.66M
Total other income expense net -5.05400M -1.90400M -8.70500M -0.57500M -43.34800M
Discontinued operations - - - - -6.11400M
Net income from continuing ops -33.72300M -44.83400M -6.26500M -15.14800M -6.13700M
Net income applicable to common shares -33.42100M -45.49100M -6.51500M -15.25800M -12.28200M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 231.09M 228.08M 217.03M 178.85M 317.31M
Intangible assets 2.59M 3.43M 4.06M 1.53M 2.31M
Earning assets - - - - -
Other current assets 10.63M 24.75M 3.85M 17.84M 42.21M
Total liab 213.22M 202.13M 168.65M 184.33M 414.95M
Total stockholder equity 12.19M 22.43M 45.26M -8.18400M -101.74500M
Deferred long term liab 14.92M 15.97M 19.74M 16.50M 16.37M
Other current liab 95.81M 84.23M 80.99M 73.52M 126.01M
Common stock 0.00300M 0.00300M 0.00200M 0.00100M 0.00100M
Capital stock 0.00300M 0.00300M 0.00200M 0.00100M 0.00100M
Retained earnings -670.81100M -637.39000M -591.89900M -585.38400M -557.84400M
Other liab 2.67M 2.97M 4.50M 5.04M 2.05M
Good will 4.90M 4.90M 4.55M 0.63M 0.68M
Other assets 16.34M 16.41M 20.12M 16.84M 21.64M
Cash 3.53M 9.77M 38.88M 2.76M 2.58M
Cash and equivalents - - - - -
Total current liabilities 189.70M 173.84M 151.56M 170.02M 386.31M
Current deferred revenue 9.14M 4.92M 1.38M 17.63M 31.71M
Net debt 71.67M 74.63M 27.65M 63.97M 193.16M
Short term debt 54.35M 59.07M 54.24M 59.19M 170.12M
Short long term debt 52.74M 57.72M 53.64M 58.76M 44.77M
Short long term debt total 75.20M 84.40M 66.53M 66.73M 195.73M
Other stockholder equity 719.70M 695.07M 670.10M 612.73M 489.97M
Property plant equipment 55.71M 49.67M 39.39M 33.77M 21.15M
Total current assets 81.96M 84.07M 79.31M 56.49M 131.31M
Long term investments 69.61M 69.61M 69.61M 69.61M 69.61M
Net tangible assets 4.71M 14.10M 36.65M -10.33800M -6.37300M
Short term investments - 69.61M - - 0.00000M
Net receivables 25.73M 26.31M 19.33M 19.15M 65.47M
Long term debt 6.60M 12.80M 6.36M 6.04M 20.07M
Inventory 28.99M 23.24M 17.26M 13.78M 15.92M
Accounts payable 30.41M 25.61M 14.95M 19.68M 58.47M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income -36.69700M -35.25700M -32.94700M -35.52700M -33.87400M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - 0.00200M 0.00100M 0.00100M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 15.86M 16.24M 20.04M 16.78M 51.49M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 149.14M 144.01M 137.72M 122.36M 186.00M
Capital lease obligations 15.86M 13.87M 6.54M 1.93M 0.00000M
Long term debt total - - - 7.77M 20.07M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -4.97200M -8.15700M -8.86600M 1.39M -7.89400M
Change to liabilities - 9.95M 12.18M -24.59000M -0.54700M
Total cashflows from investing activities - -8.15700M -8.86600M 1.39M -7.89400M
Net borrowings - 2.54M 3.65M -6.66200M 1.94M
Total cash from financing activities 10.21M 17.30M 18.43M 40.79M 9.52M
Change to operating activities - 0.64M -8.41000M 23.87M 5.33M
Net income -24.70400M -33.72300M -44.83400M -6.26500M -15.14800M
Change in cash -4.99300M -6.85800M -21.93700M 36.78M -1.59600M
Begin period cash flow 12.80M 17.84M 39.78M 3.00M 4.60M
End period cash flow 6.51M 10.99M 17.84M 39.78M 3.00M
Total cash from operating activities -0.70900M -15.96600M -27.48400M -5.65000M -2.87100M
Issuance of capital stock - 14.60M 13.59M 46.81M 7.66M
Depreciation - 6.73M 9.04M 4.25M 2.69M
Other cashflows from investing activities - - - - 3.63M
Dividends paid - - - - -
Change to inventory - -6.77200M -7.06500M -0.22300M -1.95800M
Change to account receivables - 0.34M 1.19M 0.96M 3.09M
Sale purchase of stock - - - - 7.66M
Other cashflows from financing activities - 143.71M 192.28M 124.93M 85.48M
Change to netincome - 3.33M 8.89M -3.33000M 2.92M
Capital expenditures 3.32M 8.27M 1.32M 0.20M 16.24M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital - 5.99M -0.46200M -0.50500M 6.18M
Stock based compensation - 3.10M 5.79M 0.32M 0.82M
Other non cash items - 2.41M 4.06M -3.25600M 9.56M
Free cash flow -4.03100M -24.23300M -28.80000M -5.84500M -19.11000M

Peer Comparison

Sector: Technology Industry: Solar

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPI
SPI Energy Co Ltd
0.41 112.84% 0.77 - - 0.08 1.40 0.37 -5.612
FSLR
First Solar Inc
1.99 1.04% 192.88 28.97 13.44 5.89 2.92 5.44 14.89
ENPH
Enphase Energy Inc
0.22 0.35% 63.69 64.37 38.91 6.95 16.18 6.78 26.01
NXT
Nextracker Inc. Class A Common Stock
-1.08 2.39% 44.19 16.44 12.44 2.71 15.50 2.46 15.56
XISHY
Xinyi Solar Holdings Limited
- -% 8.48 11.55 14.93 0.22 1.24 0.24 1.12

Reports Covered

Stock Research & News

Profile

SPI Energy Co., Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. It also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers, including government-owned utility companies. In addition, the company sells self-assembled solar modules, forklifts, pre-development solar projects, component and charging stations, as well as offers shipping, delivery, engineering, and maintenance services. As of April, 2022, it owned and operated 17.51 megawatts of solar projects. The company is headquartered in Sacramento, California.

SPI Energy Co Ltd

4803 Urbani Avenue, Sacramento, CA, United States, 95652

Key Executives

Name Title Year Born
Mr. Xiaofeng Peng Exec. Chairman & CEO 1975
Ms. Janet Jie Chen Chief Financial Officer 1971
Mr. Hoong Khoeng Cheong COO & Director 1965
Mr. Randolph Conone Sr. VP of Investor Relations & Fin. 1966
Mr. Scott Sullivan Chief Marketing Officer & Pres of SPI US Region NA
Mr. Kevin Qi Sr. VP NA
Mr. Fei Yun Sr. VP 1962
Mr. Ronald V. Iacobelli Chief Technology Officer of Phoenix Motorcars 1969
Mr. Rami Ahmed Fedda Chief Supply Chain Officer of SolarJuice 1978
Mr. Tony Zhou Sr. VP of Autonomous Driving at Phoenix Motorcars 1964

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